What concerns does the speaker have regarding the incoming administration's policies?
BofA's Blanch: Oil Could Hit $70
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The video discusses OPEC's strategy to reduce oil inventories by 300 million barrels and the potential impact of a border adjustment tax on emerging markets. It highlights the risks of demand growth slowing and the effects of currency fluctuations on market stability. The video also examines the implications of a US border tax on commodity prices and the long-term outlook for the oil market amid trade barriers and fiscal policies.
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3 mins • 1 pt
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What potential downside risks are mentioned for emerging markets?
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